Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Directa Plus plc is a producer and supplier of graphene-based products for use in consumer and industrial markets. The Company is focused on developing and delivering products and services in its two core business verticals, such as Environmental Remediation and Textiles. It has developed a technology capable to produce graphene nanoplatelets (GNPs) that are able to perform in different applications. It supplies a range of services, from chemical analysis for waste identification to water and soil treatment, leveraging on the properties of the graphene-based products in its portfolio. Under its G+ brand name, the Company offers a range of GNPs-based products. The commercial products developed by the Company include oil absorbent products, additive for battery, GRAFYSHIELD semi-finished for paints, additive for asphalts, G+ Planar Thermal Circuit, G+ Coating, and G+ Membranes, among others. It also offers commercial consumer products, such as a ready-to-use range of masterbatches.
DCTA - Directa Plus PLC
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